Canada’s benchmark index added 1% to finish at 14,808.09, despite concerns rising over the Greek debt crisis. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.8% to 695.56. The S&P/TSX Global Gold Index…
The U.S. Bureau of Labor Statistics reported non-farm employers added 85,000 jobs in March, lower than its estimate of 126,000 jobs. In April employers added 223,000 jobs, trimming the unemployment rate to 5.4% from 5.5%. Meanwhile, Federal…
February was kind to U.S. stocks. Reuters reported that the Dow Jones Industrial Average rose 5.6% in its best monthly performance since January 2013; the S&P 500 Index was up 5.5%, its best monthly performance since October 2011; and the…
A ceasefire between Ukrainian forces and pro-Russian separatists combined with a slight bump in oil prices, apparent progress on a debt deal with Greece and higher-than-expected 0.7% fourth-quarter growth in Germany combined to help push U.S….
The Bank of Canada’s surprise cut of the overnight interest rate to 0.8% from 1% — the first move on rates since September 2010 — combined with the European Central Bank’s decision the next day to buy €60-billion…
Oil prices were down for a seventh straight week, dipping below US$50 per barrel, while Statistics Canada reported job losses for the second month in a row. The unemployment rate in December remained unchanged at 6.6%, with full-time employment…
The S&P/TSX Composite Index gained for the sixth straight week, moving up 286.03 points to 15,111.13. The S&P/TSX Global Gold Index added 5.67 points to 153.41, while the S&P/TSX Capped Diversified Metals & Mining Index climbed…
U.S. equities gained as the American economy showed signs of improvement.
Better-than-expected corporate earnings and easing concerns about the Ebola epidemic despite news of the first case of the disease diagnosed in New York City drove U.S. equities higher during the trading week. The Dow Jones Industrial Average…
The benchmark S&P 500 Index ended the week on a high note, finishing above the 2,000-mark for the third time during the trading week. The S&P 500 advanced 0.75% to 2,003.37, while the Dow Jones Industrial Average climbed 0.6% to finish…
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has upped its full-year earnings guidance for the second time this year after a better-than-expected second-quarter profit of US$472 million.
The Dow Jones Industrial Average ended the week 0.43% higher at 16,583.34, on the back of remarks by U.S. Federal Reserve Chair Janet Yellen that the U.S. economy needs support, and that the central bank would keep monetary policy…
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